Stock trading can be a high-stakes game. On some days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your peak. If you’re constantly stuck in the gutter, you will have be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance in the industry. In this review, we’ll take a look at Profit.ly is a well-known one-stop social platform for trading!
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Timothystykes Profitly
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide range of features and tools including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad variety of tools for communication and trade and letting traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two purposes: 1) making public records for all traders, not just the gurus and newsletter writers and students and secondly) allowing everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Timothystykes Profitly
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared towards achieving success. It is possible to create an account for free, but you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its experts. You’re not just allowed to demonstrate your worth to a community of traders, but you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may choose to publish your trades, whether verified or not, by taking pictures. Included in Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile, and more ways to connect with your gurus via chatrooms along with notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. The penny stock market is an avenue for small businesses to transition into a larger market because they can access capital from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider impact when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also played a role in establishing Profit.ly as a place of openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned significant amounts of profit through their years of expertise. Timothystykes Profitly
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, this is a great option for those who are more involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released every week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothystykes Profitly
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market commentary in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base provided by Superman himself, via the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Some of the features you can do using Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to gain access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. In this plan, that you can create a private profile to share with other associates all your insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to harness their expertise in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. As opposed to the prior Novice package, this one won’t be able view other traders’ statistics this could be a disadvantage for those anticipating this level. Timothystykes Profitly
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes an additional 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating your own private profile. These two features are on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly offers a number of additional services that it can provide. One of those is its online store, where customers can select from a variety of videos designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You may be familiar with the chat room as you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time area where experts and members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members there. One might be a laid-back person who is less active, while another might be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room advice from the in-house experts as well as their members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they travel. You can also get hands-on experiences from trading within the platform, but eventually they’ll realize that the process is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as adept at managing trading however, experienced traders know the way it functions and the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of options to their maximum advantage to develop their trading skills. Like beginners, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Timothystykes Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You will be taught by experts and tips from the inside experts, as well as collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its users
- If traders decide to make any type of trade, there’s an opportunity that some them could profit from selecting the best trades in order to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the many features the platform is able to provide
The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, you should have an open mind. Timothystykes Profitly
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s range of resources helpful as they do their best to avoid losses and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you really care about being more successful in trading and would like to learn from your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothystykes Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the ‘My Trade category on the dashboard. It allows you to post your trades, either verified or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s an excellent likelihood that it can be verified. This is evident by the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.